❤️ Love addy? Share the opportunity to invest in real estate with your friends and family!

This weekend, the clock is ticking! The Ferndale Townhomes campaign is ending on Feb 4th. This could be your last chance – check it out before its gone.

In other news, all eyes are on the Bank of Canada ahead of next week’s interest rate decision as U.S. tariff threats loom. Plus, frustrated sellers across Canada canceled 1 in 5 real estate listings last month.

Catch all the details below! 👇

🇨🇦 Canadian News 

Posthaste: Bank of Canada expected to cut interest rates as tariff threat looms

With the looming threat of a 25% U.S. tariff, economists predict the Bank of Canada may cut interest rates on Jan 29th to mitigate potential recession risks, despite signs of economic growth and inflation pressures. (Financial Post)

Canadian Real Estate Sellers Canceled 1 In 5 Listings Last Month: NBF

Frustrated real estate sellers across the country have canceled 1 in 5 listings without a sale. Many waiting for cheaper mortgages and improved demand in the Spring may be in for a surprise (Better Dwelling). 

500,000 fewer homes needed in Canada by 2035 as population set to decline:

According to Oxford Economics, Canada is going to need 500,000 fewer homes by 2035, driven by a significant decline in population, the first since Canada’s Confederation in 1867, due to changes in immigration policy (Canadian Mortgage Trends).

📅 Upcoming Events 

addy Coffee Meetup | KELOWNA – Jan. 29th 2025

Are you in the Kelowna area and want to catch up with addy CEO and Co-Founder Mike Stephenson? Register to come by a coffee meetup on Jan. 29th 2025. 

addy Meetup | KELOWNA – Jan. 30th 2025

Join us at BNA Brewing for a casual meetup to chat about real estate investing & how addy is changing the game! Whether you’re a seasoned investor, new to the journey, or an addy member looking to connect, everyone is welcome. addy CEO & Co-Founder Mike Stephenson and some of the addy squad will be there. Register

New Westminster Economic Forum – Feb. 6th 2025

The New Westminster Chamber of Commerce in partnership with the Downtown New West BIAis hosting an Economic Forum. Some of the addy squad will be there and if you want to join you can grab a ticket here. After the Economic Forum, The Azure Properties Group is hosting a meetup where they will be launching their next property on the addy platform. Meetup Tickets

🚨 Last Chance: Campaign Ends Soon! 

The Ferndale Townhomes’ campaign ends on Feb 4th – check out this 4-building 18-unit development building before it leaves the addy platform.

🥳 Highlights from the addy social 

This past week we had our addy January social in Vancouver! Check out some of the photos from the night – and 👀 watch this video to meet some of the community!

🇺🇸 Thinking about investing in the US?

addy has expanded its offerings down south! The most recent US prop drop is  Springbank Apartments in Dayton, Ohio, a 6 building apartment complex. 

FAQ: Can you invest Canadian Dollars in this US Dollar issuance? Yes you can! 

🎧 Podcast 

In this week’s episode of the addy Podcast, Steve Jagger sits down with Navjot Bindra, mortgage broker, content creator, and founder of Grow With Nav. Watch the full episode here. 

Subscribe to The addy Podcast –  Apple | Spotify | YouTube

🤔 Do you make over $200K per year? You could be an Accredited Investor…

Did you know: Accredited Investors in Canada have access to investment opportunities that are not open to all investors. See if you qualify here.

🗞️ Industry News

Could having more big cities improve Canadian housing affordability?

When it comes to addressing housing affordability and supply issues, Canada should consider creating more big cities, according to a new study. This should be performed beyond simply growing the existing major urban centres of Toronto, Montreal, and Vancouver, as well as Calgary, Edmonton, Winnipeg, and Ottawa. (Daily Hive)

Climate risk score for Canadian real estate in works

IBC has been advocating for a climate risk system for years. And while the Government of Canada is working to develop a centralized portal or access point that would make the information on real estate markets available nationwide, “it’s not quite there yet,” he said. (Rocky Mountain Outlook)

Why building higher in Vancouver isn’t always possible, or more lucrative

Getting approval to add floors means more units can be sold on the same site and there is more money to be made from it. But there might be a tipping point, some say, where it isn’t necessarily more lucrative or even that easy for the density that is being approved to actually get built, even though the value of the land increases because of it. (Vancouver Sun)

Toronto Looks To Permit Fiveplexes, Sixplexes In Scarborough North

“The proposed increase in multiplex permissions would also introduce a new low-rise housing option within Ward 23, creating more opportunities for equitable access to small-scale, ground-related housing that meets the needs of both current and future residents,” Thorne writes. (Storeys)

🎙️ Got Questions? Want a Shoutout?

🎉 Want to be featured on the addy podcast or newsletter?

We want to hear from you! Whether you’re celebrating a birthday, an anniversary, a property purchase, or even your puppy’s 6th birthday, let us celebrate with you.

Plus, feel free to send us a voice recording with any question you’d like the addy squad to answer on the podcast!

Fill out this form, and we’ll do our best to give you a shoutout on the pod. 

🤖 Streamline Syndication Effortlessly

Did you know that addy’s cutting-edge form technology empowers real estate operators to design custom forms tailored to their unique operational and compliance needs? Plus, with built-in GPT integration, it takes efficiency and automation to the next level. 

Schedule a personalized one-on-one call with our team to discover how addy’s innovative technology can streamline and simplify your syndication process. Let us show you how to take your syndication to the next level!

What did you think of today’s newsletter? 🤔

This newsletter was crafted with care by Taehyun, Kristen, and Stephen—tell us what you think! ✨

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